titles stringlengths 12 138 | article stringlengths 15 8.85k | category stringclasses 6
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|---|---|---|
CENTURI INC <CENT> YEAR NET
| Oper shr 13 cts vs six cts
Oper net 2,124,013 vs 909,158
Revs 168.6 mln vs 157.6 mln
NOTE: 1986 and 1985 years exclude loss discontinued
operations 6,974,554 dlrs, and 268,000 dlrs, respectively.
| Corporate News |
STANDEX INTERNATIONAL <SXI> BUYS BRITISH FIRM
| Standex International Corp said it
acquired <Alan Duffy Engineering Ltd> of Blackburn, Lancashire,
England, for an undisclosed amount of cash.
The newly-acquired company will operate as part of
Standex's Perkins division, the company said.
| Market and Economy |
TREASURY'S BAKER PURSUING S. ASIAN REVALUATIONS
| Treasury Secretary James Baker told
the House Appropriations Committee the United States is still
pressing newly industrialized south Asian nations that have
tied their currencies to the dollar to let those currencies
strengthen against the U.S. currency.
"We have seen some strengthening of those curren... | Market and Economy |
STERLING DRUG <STY> SELLS ASSETS OF SUBSIDIARY
| Sterling Drug Inc said it sold the
assets of its subsidiary Greene Dental Products Inc to Rinn
Corp, of Elgin, Ill.
The cash purchase price was not disclosed.
Greene produces and sells dental X-ray tabs, mount products
and record systems.
| Other |
BALDRIGE SAYS U.S. TO GO AHEAD WITH JAPANESE SANCTIONS
|
BALDRIGE SAYS U.S. TO GO AHEAD WITH JAPANESE SANCTIONS
| Other |
BALDRIGE SAYS U.S. TO IMPOSE JAPANESE SANCTIONS
| Commerce Secretary Malcolm Baldrige
said the United States would go ahead with planned 300 mln dlr
sanctions against Japanese semiconductor exports, despite any
U.S. Japanese talks to avert the trade curbs.
He said in a speech to an export-import group that he was
sure the United States and Japan could ... | Other |
SENIOR U.S. OFFICIAL TO VISIT JAPAN AS TRADE ROW GROWS
| Undersecretary of State Michael
Armacost will visit Tokyo next week for meetings with
high-level officials that will include discussions of a growing
trade row over Japanese semiconductor electronics products.
He is the first high-level U.S. official to visit Japan
since President Reagan announced last ... | Corporate News |
UNION PACIFIC <UNP>CLOSES VENEZUELAN PARTNERSHIP
| Union Pacific Corp said it has closed
the previously announced 50-50 partnership with Petroleos de
Venezuela SA, Venezuela's national oil company, to own a
160,000 barrel per day refinery in Corpus Christi, Texas.
Union Pacific said the partnership, called Champlin
Refining Co, will acquire the refining... | Commodities and Trade |
NIGERIA, GUINEA SET UP IRON ORE FIRM WITH LIBERIA
| Nigeria and Guinea agreed to set up a new
company with Liberia to carry out the 14-year-old
Mifergui-Nimba iron ore project, an official communique said.
The communique was issued after two days of talks here
between Guinean natural resources minister Ousmane Sylla and
Nigerian minister of mines and pow... | Commodities and Trade |
SCAN-GRAPHICS, CAPTIVE VENTURE CAPITAL MERGE
| <Scan-Graphics Inc> said it has
completed a merger with <Captive Venture Capital Inc> in which
former shareholders of Scan-Graphics have beome majority
shareholders of the merged company and the Scan-Graphics board
has been named the board of the merged company.
It said the merged company is now k... | Corporate News |
NODAWAY VALLEY CO <NVCO> 4TH QTR JAN 31 NET
| Shr 16 cts vs 23 cts
Net 385,747 vs 549,928
Revs 10.5 mln vs 9,037,596
Year
Shr 40 cts vs 58 cts
Net 946,024 vs 1,352,709
Revs 36.2 mln vs 30.6 mln
| Market and Economy |
<LIGHTNING MINERALS INC> YEAR LOSS
| Shr loss four cts vs loss six cts
Net loss 92,917 vs loss 104,038
Revs 21.9 mln vs 5,091,000
| Commodities and Trade |
BOBBIE BROOKS INC <BBKS> YEAR NET
| Oper shr profit 41 cts vs loss 1.13 dlrs
Oper net profit 3,093,000 vs loss 7,000,000
Revs 35.9 mln vs 31.1 mln
Avg shrs 7,508,096 vs 6,207,723
NOTE: Current year excludes gain of about 2.5 mln dlrs or
33 cts/shr from benefit of tax loss carryforward and includes
pretax gain of about 1.2 ml... | Other |
CELLULAR COMMUNICATIONS INC <COMM> NINE MTHS
| Dec 31 end
Shr loss 1.26 dlrs vs loss six cts
Net loss 11.4 mln vs loss 400,000
Revs 12.5 mln vs 4,049,000
NOTEL Company changed fiscal year to December 31 end.
Prior year net includes gain 4,454,031 dlrs from sale of
minority interests in Connecticut partnerships.
| Commodities and Trade |
WILSON BROTHERS 4TH QTR
| Shr loss 30 cts vs loss 31 cts
Net loss 1.0 mln vs loss 1.0 mln
Revs 2.3 mln vs 1.7 mln
Year
Shr profit 0 10 cts vs loss 45 cts
Net profit 508,000 vs loss 1.5 mln
Revs 5.8 mln vs 6.7 mln
NOTE:1986 year and qtr net includes loss of 37,000 dlrs and
538,000 dlrs, respectively ... | Market and Economy |
(POLORON PRODUCTS INC) YEAR OPER NET
| Oper shr 26 cts vs 16 cts
Oper net 948,000 vs 480,000
Revs 25.4 mln vs 19.9 mln
NOTE: Excludes loss of 6.7 mln dlrs or 1.82 dlrs/shr vs
gain of 453,000 dlrs or 15 cts from discontinued operations.
1985 also excludes extraordinary gain equal to 34 cts/shr.
1986 ended Dec 31 and 1985 ended N... | Market and Economy |
DISTRIBUTED LOGIC CORP <DLOG> 1ST QTR LOSS
| Qtr ended Jan 31
Shr loss nine cts vs profit 13 cts
Net loss 231,256 vs profit 341,730
Revs 2,793,677 vs 3,676,296
| Market and Economy |
GENEX CORP <GNEX> YEAR LOSS
| Shr loss 94 cts vs loss 1.25 dlrs
Net loss 12.1 mln vs loss 15.9 mln
Revs 3,307,000 vs 16.2 mln
NOTE: Current year includes writedown of 8.5 mln dlrs.
| Other |
BIC CORP <BIC> SETS QUARTERLY
| Qtly div 15 cts vs 15 cts prior
Pay April 30
Record April 14
| Other |
CULP INC <CULP> SETS QUARTERLY
| Qtly div two cts vs two cts prior
Pay May 26
Record April 21
| Corporate News |
BROADER U.S. EEP SOUGHT BY REPUBLICAN LAWMAKERS
| Republican members of the House
Agriculture Committee said they will propose amendments
tomorrow to a pending trade bill increasing funding for the
export enhancement program, EEP, and significantly expanding
the scope of the program.
At a press conference, Republican lawmakers said they would
propose... | Commodities and Trade |
WALL STREET STOCKS/AMES DEPT STORES <ADD>
| Ames Department Stores Inc fell 1-7/8
to 23 in what analysts said was a reaction to a surprise
announcement earlier today by the company that earnings in the
fiscal year ended January 31 will decline sharply.
Ames said it expects to report earnings of between 72 and
77 cts per share compared with 1.19 d... | Financial Reports |
TARO VIT INDUSTRIES LTD <TAROF> YEAR LOSS
| Shr loss eight cts vs profit nil
Net loss 488,759 vs profit 14,289
Sales 6,067,676 vs 5,047,383
| Commodities and Trade |
TRIBUNE <TRB>, SCRIPPS <SCRP> EXCHANGE PAPERS
| Tribune Co said it exchanged cash and
the assets of eight of its Sunbelt Publishing Co community
publications circulated in the Naples and Fort Myers, Fla.,
area for assets of nine community papers in suburban Tampa and
St. Petersburg published by Gulf Coast Newspapers Inc.
Gulf Coast is a subsidiary of... | Corporate News |
CANADA INDUSTRIAL PRODUCTION UP 2.53 PCT
| Canadian industrial production rose 2.53
pct in December after falling 0.51 pct in November, Statistics
Canada said.
The federal agency said year-over-year production was off
0.65 pct in December, compared with a decline of 1.65 pct in
November.
| Commodities and Trade |
U.S. OFFICIAL TO VISIT JAPAN AS TRADE ROW GROWS
| Undersecretary of State Michael
Armacost will visit Tokyo next week for meetings with
high-level officials that will include talks on the growing
trade row over Japanese semiconductor electronics products.
He is the first high-level U.S. official to visit Japan
since President Reagan announced last week... | Corporate News |
ROYEX OFFERS 50 DLRS/SHR AND 40 DLRS/WARRANT FOR INTERNATIONAL CORONA
|
ROYEX OFFERS 50 DLRS/SHR AND 40 DLRS/WARRANT FOR INTERNATIONAL CORONA
| Corporate News |
U.S. CARGO PREFERENCE SQUABBLE CONTINUES
| The U.S. Agriculture Department said
it will begin charging interest tomorrow on the over 12 mln
dlrs the Department of Transportation, DOT, owes USDA to pay
for its share of the cost of shipping food aid on U.S. vessels.
USDA General Sales Manager Melvin Sims told the Senate
Appropriations Agriculture ... | Corporate News |
BARUCH-FOSTER CORP <BFO> 4TH QTR LOSS
| Shr loss 92 cts vs profit one ct
Net loss 2,487,439 vs profit 48,709
Revs 1,788,141 vs 4,167,070
Year
Shr loss 1.50 dlrs vs profit 48 cts
Net loss 4,073,724 vs profit 1,309,412
Revs 8,193,455 vs 15.7 mln
NOTE: 1986 year net includes 3,095,305 dlr writedown of oil
properties... | Corporate News |
LIFETIME <LFT> TO BUY SHARES OF NIPPON LACE
| Lifetime Corp said it agreed to buy
five mln shares, or 16 pct, of <Nippon Lace Co Ltd> for 3.28
dlrs a share, or 16.5 mln dlrs.
It said it plans to enter the health care business in
Japan.
In addition, it said <Koba Electronics Co Ltd>, an
affiliate of Lifetime, will buy four mln unissued s... | Commodities and Trade |
GOULD <GLD> DIVISION GETS FINANCING
| Gould Inc's systems protection
division said it selected Merrill Lynch Interfunding INc to
provide financing for the purchase of the division from the
parent company.
Terms were not disclosed. The agreement was announced in
February and Gould expects the transaction to be completed by
the end of April... | Corporate News |
WELBILT <WELB> COMPLETES ACQUISITIONS
| Welbilt Corp said it
completed the previously announced acquisitions of the assets
of L and M Manufacturing Co and Food Machinery Engineering Co,
two manufacturers of automated bakery production equipment
headquartered in Toronto.
| Financial Reports |
SCHWAB COMPLETES PURCHASE OF SCHWAB AND CO
| Charles Schwab announced the
completion of the 280-mln-dlr purchase from BankAmerica Co of
Charles Schwab and Co Inc and its holding company Charles
Schwab Corp.
The leveraged buyout is being financed by a syndicate of
seven banks led by the Security Pacific National Bank unit of
Security Pacific Corp... | Corporate News |
INTERMEDICS INC <ITM> 1ST QTR NET
| Oper shr 26 cts vs 18 cts
Oper net 2,877,000 vs 1,363,000
Revs 44.3 mln vs 40.8 mln
Avg shrs 10.9 mln vs 10.5 mln
NOTE: prior qtr excludes loss 475,000, or five cts per
share, for discontinued operations for the sale of subsidiaries
Intermedics Intraocular Inc, Electronics Inc, and Interme... | Other |
ROYEX MAKES BID FOR INTERNATIONAL CORONA
| <Royex Gold Mining Corp> said it is
making an offer for <International Corona Resources Ltd> of 50
dlrs per share and 40 dlrs per warrant.
The offer covers four mln Corona common shares and all
outstanding 9.50 dlr Corona share purchase warrants expiring
August 31, 1987, Royex said.
Royex sa... | Financial Reports |
U.S. 1987 CORN, SOYBEAN ACREAGE ESTIMATES CORN 67,556,000 ACRES, BEANS 56,885,000 - USDA
|
U.S. 1987 CORN, SOYBEAN ACREAGE ESTIMATES CORN 67,556,000 ACRES, BEANS 56,885,000 - USDA
| Commodities and Trade |
U.S. 87 WINTER WHEAT PLANTINGS 48,195,000 ACRES, DURUM 3,137,000, OTHER SPRING 13,515,000
|
U.S. 87 WINTER WHEAT PLANTINGS 48,195,000 ACRES, DURUM 3,137,000, OTHER SPRING 13,515,000
| Commodities and Trade |
U.S. 1987 COTTON, SORGHUM ACRES ESTIMATED ALL COTTON 10,353,700, SORGHUM 11,844,000 USDA
|
U.S. 1987 COTTON, SORGHUM ACRES ESTIMATED ALL COTTON 10,353,700, SORGHUM 11,844,000 USDA
| Financial Reports |
USDA PUTS MARCH 1 U.S. WHEAT STOCKS AT 2,253,143,000 BU
|
USDA PUTS MARCH 1 U.S. WHEAT STOCKS AT 2,253,143,000 BU
| Other |
U.S. 1987 SUGARBEET ACREAGE ESTIMATED BY USDA AT 1,249,000 ACRES VS 1,232,500 IN 1986
|
U.S. 1987 SUGARBEET ACREAGE ESTIMATED BY USDA AT 1,249,000 ACRES VS 1,232,500 IN 1986
| Commodities and Trade |
USDA PUTS MARCH 1 U.S. CORN STOCKS AT 8,246,849,000 BU, SOYBEANS - 1,384,208,000
|
USDA PUTS MARCH 1 U.S. CORN STOCKS AT 8,246,849,000 BU, SOYBEANS - 1,384,208,000
| Commodities and Trade |
OVERLAND EXPRESS INC <OVER> YEAR LOSS
| Shr loss 9.31 dlrs vs loss 1.62 dlrs
Net loss 16.2 mln vs loss 2,770,243
Revs 99.4 mln vs 96.2 mln
| Corporate News |
A.H. ROBINS <QRAH> FILES MONTHLY REPORT
| A.H. Robins Co said it filed its
consolidated net earnings report for February, which amounted
to 6,720,000 dlrs, compared to 4,646,000 for the comparable
month the year prior.
Consolidated net earnings for the two months ended Feb 28,
1987, amounted to 23.9 mln dlrs, compared to 15.4 mln dlrs for
the... | Industrial and Sector News |
BUTLER <BTLR> TO PURCHASE NATURALITE
| Butler Manufacturing Co said it
signed a letter of intent to purchase <Naturalite Inc>, a
designer of skylights.
Terms were not disclosed.
Naturalite had sales of about 20 mln dlrs in 1986. The
transaction is expected to be completed in May and subject to
both boards' approvals.
| Corporate News |
MECHTRON INTERNATIONAL CORP <MCHT> YEAR NET
| Shr three cts vs 80 cts
Net 46,000 vs 1,220,000
Revs 11.5 mln vs 13.0 mln
Avg shrs 1,608,000 vs 1,530,000
| Financial Reports |
DEVON RESOURCE INVESTORS <DIN> YEAR END DEC 31
| Shr loss 14 cts vs profit 23 cts
Net loss 835,000 vs profit 950,000
Revs 8,617,000 vs 11.8 mln
| Financial Reports |
SAFETY-KLEEN <SK> COMPLETES ACQUISITION
| Safety-Kleen Corp said it has
completed the acquisition of McKesson Envirosystems Co, a unit
of McKesson Corp <MCK> for an undisclosed amount.
Safety-Kleen, an industrial, automotive parts cleaning
service, said McKesson Envirosystems has solvent recycling
plants in Illinois, Kentucky and Puerto Rico... | Corporate News |
DOW <DOW> AMENDS RESINS PRICE INCREASE
| Dow Chemical Co's Thermoplastic
Resin Department said it is amending a recent price increase
for Magnum ABS (A) resins announced March 3 for an effective
date of April 1.
Dow said that effective April 15 the selling prices for
most grades of Magnum ABS resins for the injection molding,
custom sheet an... | Corporate News |
ECHO BAY HAS NEVADA GOLD DISCOVERY
| Echo Bay Mines Ltd said it
discovered a gold deposit in the Cove area near its McCoy gold
mine in Nevada.
Echo Bay said it encountered gold in 39 of 42 drill holes
at Cove. It said seven holes averaged 0.185 ounce gold a short
ton and 1.8 ounces of silver, with the seven intersections
averaging 118 fe... | Corporate News |
BOWL AMERICA INC <BWLA> UPS PAYOUT
| Qtly div 11 cts vs 10 cts prior
Pay May 14
Record April 17
| Financial Reports |
CONCORD FABRICS INC <CIS> 2ND QTR NET
| Shr 62 cts vs 38 cts
Net 1,110,484 vs 677,192
Revs 36.6 mln vs 31.1 mln
Six mths
Shr 92 cts vs 68 cts
Net 1,649,453 vs 1,211,597
Revs 68.2 mln vs 58.5 mln
| Corporate News |
AMERICAN PACESETTER <AEC> 4TH QTR NET
| Oper shr profit 92 cts vs loss six cts
Oper net profit 1,351,000 vs loss 112,000
Revs 22.8 mln vs 28.7 mln
Avg shrs 1,465,926 vs 1,968,601
Year
Oper shr profit 1.81 dlrs vs profit three cts
Oper net profit 2,837,000 vs profit 59,000
Revs 84.8 mln vs 69.9 mln
Avg shrs 1,... | Financial Reports |
DEVON <DIN> REPORTS INCREASE IN RESERVES
| Devon Resource Investors said as
of January one, its estimated proven reserves increased
by 443,000 net equivalent barrels to 32.4 billion cubic feet of
natural gas and 660,000 barrels of oil, compared with 29.5 bcf
of gas and 700,500 barrels of oil as of Jan one, 1986.
Devon said that its estimated fut... | Financial Reports |
CORRECTED-ELDER-BEERMAN STORES CORP<ELDR>4TH QTR
| Feb One end
Oper shr 89 cts vs 1.31 dlrs
Oper net 3,348,000 vs 4,885,000
Sales 126.8 mln vs 120.1 mln
Year
Oper shr 1.67 dlrs vs 2.15 dlrs
Oper net 6,302,000 vs 8,013,000
Sales 380.9 mln vs 352.1 mln
NOTE: Prior year net both periods excludes gain 1,998,000
dlrs from ... | Financial Reports |
31-MAR-1987
| 31-MAR-1987
| Financial Reports |
GETTY PETROLEUM <GTY> YEAR NET
| Shr 1.54 dlrs vs 1.09 dlrs
Qtly div four cts vs four cts prior
Net 17.1 mln vs 11.5 mln
Revs 953.2 mln vs 1.33 billion
Avg shrs 11.1 mln vs 10.5 mln
NOTE: Cash dividend payable April 21 to holders of record
April 10. Shr figures adjusted for five pct stock dividend
declared March 31.... | Corporate News |
GETTY PETROLEUM <GTY> SETS STOCK DIVIDEND
| Getty Petroleum Corp said its
board declared a five pct stock dividend payable on April 21 to
shareholders of record April 10.
The company also declared a regular cash dividend of four
cts a share and reported 1986 net income rose to 17.1 mln dlrs
from 11.5 mln dlrs.
| Financial Reports |
1ST CENTRAL FINANCIAL <FCC> SEES HIGHER EARNINGS
| First Central Financial Corp said it
expects earnings to rise significantly in 1987 and said it is
actively seeking an acquisition.
The property and casualty insurance company's chairman and
chief executive officer, Martin J. Simon, told Reuters in an
interview that he expects earnings of 33 cts a share... | Commodities and Trade |
ECHO BAY <ECO> HAS NEVADA GOLD DISCOVERY
| Echo Bay Mines Ltd said it
discovered a gold deposit in the Cove area near its McCoy gold
mine in Nevada.
Echo Bay said it encountered gold in 39 of 42 drill holes
at Cove. It said seven holes averaged 0.185 ounce gold a short
ton and 1.8 ounces of silver, with the seven intersections
averaging 118 fe... | Commodities and Trade |
IMPERIAL OIL <IMO.A> IN TALKS WITH SUPPLIERS
| Imperial Oil Ltd, 70 pct-owned by Exxon
Corp <XON>, is negotiating with it major crude oil suppliers
concerning the effects of a trial deregulation of Alberta's
shut-in crude oil production, scheduled to be implemented on
June 1, a company spokesman said.
"From our point of view, it's a question of e... | Financial Reports |
BENEFICIAL CORP TO SELL INSURANCE UNIT, REMOVING COMPANY FROM INSURANCE BUSINESS
|
BENEFICIAL CORP TO SELL INSURANCE UNIT, REMOVING COMPANY FROM INSURANCE BUSINESS
| Financial Reports |
USDA AGAIN EXTENDS FARM OPERATING PLAN DEADLINE
| The U.S. Agriculture Department said
it has extended until April 17 the date by which Agricultural
Stabilization and Conservation county offices must determine
eligibility of individuals or other entities for payments under
1987 farm programs.
Jerome Sitter, director of ASCS's Cotton, Grain and Rice
P... | Financial Reports |
HARVARD INDUSTRIES <HAVA> ANNOUNCES STOCK SPLIT
| Harvard Industries Inc said its board
approved a two-for-one stock split in the form of a special
stock dividend of its outstanding common stock.
The special dividend is payable May 28, 1987, to
stockholders of record April 24, 1987.
The split will be effected by one additional share for each
comm... | Corporate News |
OVERLAND EXPRESS INC <OVER> YEAR LOSS
| Shr loss 9.31 dlrs vs loss 1.62 dlrs
Net loss 16.2 mln vs loss 2.8 mln
Revs 99.4 mln vs 96.5 mln
NOTE: 1986 includes loss of 3.9 mln dlrs from
restructuring.
NOTE: loss 1986 includes 3.9 mln dlrs for restructuring
costs associated with disposal of property.
Loss also includes the sal... | Financial Reports |
USDA ACCEPTS BID FOR BONUS WHEAT TO ALGERIA
| The U.S. Agriculture Department said
it had accepted a bid for an export bonus to cover a sale of
durum wheat to Algeria.
USDA General Sales Manager Melvin Sims said the Commodity
Credit Corp accepted one bid from Cam USA Inc on a sale of
18,000 tonnes of durum wheat.
Sims said the bonus was 42.44... | Financial Reports |
ARTRA GROUP INC <ATA> 4TH QTR OPER LOSS
| Oper shr loss 1.60 dlrs vs loss 1.17 dlrs
Oper net loss 4,261,000 vs loss 2,816,000
Revs 28.9 mln vs 11.7 mln
Avg shrs 2,817,616 vs 2,685,592
Year
Oper shr profit 23 cts vs loss 1.10 dlrs
Oper net profit 863,000 vs loss 2,390,000
Revs 85.9 mln vs 60.4 mln
Avg shrs 2,754... | Financial Reports |
CCC CREDITS FOR MEXICO SWITCHED TO WHEAT--USDA
| The Commodity Credit Corporation
(CCC) has switched 10 mln dlrs in credit guarantees to Mexico
to cover purchases of U.S. wheat, the U.S. Agriculture
Department said.
The credit guarantees were previously earmarked for sales
of U.S. dry edible beans and rice, it said.
The action reduces the guaran... | Financial Reports |
ALLIED-SIGNAL <ALD> COMPLETES UNIT SALE
| Allied-Signal Inc said it
completed the previously announced sale of its Linotype Group
to Commerzbank AG of West Germany.
The purchase price was not disclosed.
Eschborn, West Germany-based Linotype had 1986 sales of
more than 200 mln dlrs, the company said.
| Financial Reports |
U.S. OFFICIAL SEES EVIDENCE OF EXPORT GROWTH
| Beryl Sprinkel, chairman of the
White House Council of Economic Advisers, said he sees "growing
but incomplete evidence that (U.S.) export volumes are finally
strengthening."
In remarks prepared for a speech today in Los Angeles,
Sprinkel said the decline in the dollar's value since 1985 had
"largely"... | Corporate News |
CITIBANK SAYS IT RAISES BASE RATE TO 7-3/4 PCT FROM 7-1/2 PCT
|
CITIBANK SAYS IT RAISES BASE RATE TO 7-3/4 PCT FROM 7-1/2 PCT
| Commodities and Trade |
GAF <GAF> PLANS NO CHANGES IF OFFER ACCEPTED
| GAF Corp chairman Samuel Heyman told
Reuters he did not foresee major changes in Borg-Warner <BOR>
if GAF's 46 dlr-per-share offer to acquire Borg-Warner is
successful.
"We have great respect for Borg-Warner mangagement," Heyman
said, following a speech at the American Institute of Chemical
Enginee... | Commodities and Trade |
TRANSWORLD LIQUIDATING <TWT> TO DISTRIBUTE
| Transworld Corp Liquidating Trust said
it expects to make an initial distribution to beneficiaries
valued at 20.10 dlrs per unit from the proceeds of the sale of
Hilton International Co.
The value of the distribution assumes yesterday's closing
price of UAL's common stock of 56.50 dlrs per share.
... | Financial Reports |
MOBILE AMERICA CORP <MAME> YEAR END DEC 31
| Shr 2.25 dlrs vs 1.35 dlr
Net 1,199,791 vs 724,755
Revs 11.7 mln vs 9,105,952
| Corporate News |
U.S. SENATE PASSES HOUSING BILL
| The Senate passed a two year
extension of federal housing programs, including 15 billion
dlrs for lower income housing assistance over two years. The
vote was 71 to 27.
Total value of the bill was estimated at 31 billion dlrs.
The bill permanently extended the authorization for Federal
Housing Authori... | Other |
INTERNATIONAL DAIRY QUEEN <INDQA> 1ST QTR NET
| Ended February 28.
Shr 18 cts vs 13 cts
Net 1,706,601 vs 1,226,609
Rev 42.7 mln vs 36.3 mln
Avg shares 9,695,444 vs 9,537,043
NOTE: Company's full name is International Dairy Queen Inc.
| Financial Reports |
DE TOMASO INDUSTRIES INC <DTOM> YEAR NET
| Shr 2.90 dlrs vs 1.44 dlrs
Net 8,862,000 vs 4,391,000
Revs 221.6 mln vs 265.3 mln
NOTE: Translated from Italian lire in U.S. dollar
equivalents at the exchange rate prevailing at Dec 31, 1986.
| Financial Reports |
COLEMAN SEES 23 CTS A SHR 1ST QTR CHARGE FROM HEAT EXCHANGER REPLACEMENT PROGRAM
|
COLEMAN SEES 23 CTS A SHR 1ST QTR CHARGE FROM HEAT EXCHANGER REPLACEMENT PROGRAM
| Commodities and Trade |
FORD CANADA CUTS ANNUAL DIVIDEND BY SIX DLRS TO SIX DLRS CASH A SHARE
|
FORD CANADA CUTS ANNUAL DIVIDEND BY SIX DLRS TO SIX DLRS CASH A SHARE
| Corporate News |
U.S. CREDITS FOR ECUADOR SWITCHED TO VEG OIL
| The Commodity Credit Corporation
(CCC) switched five mln dlrs in credit guarantees to Ecuador to
provide for more sales of U.S. vegetable oil, the U.S.
Agriculture Department said.
The credit guarantees were previously earmarked for sales
of U.S. cotton, feedgrains and wheat.
The action reduces th... | Other |
COLEMAN <CLN> SEES 1ST QTR CHARGE
| Coleman Co said it expects a
first-quarter charge against earnings of 1.6 mln dlrs, or 23
cts a share, as a result of its voluntary program to replace
condensing heat exchangers in its early Model 90 series
high-efficiency residential gas furnaces.
The company said extensive testing indicates a problem
... | Financial Reports |
PHILADELPHIA SUBURBAN <PSC> BUYS SOFTWARE FIRM
| Philadelphia Suburban Corp said
it acquired Mentor Systems Inc, a Lexington, Ky., computer
software company, for common stock.
Detailed terms were not disclosed.
Mentor specializes in public sector accounting systems. It
has 73 employees at its Lexington facility, four branch offices
in the Midwes... | Financial Reports |
PACIFIC GAS SAID ACCOUNTING CHANGE WILL REDUCE 1987 NET BY 470 MLN DLRS
|
PACIFIC GAS SAID ACCOUNTING CHANGE WILL REDUCE 1987 NET BY 470 MLN DLRS
| Corporate News |
TRIBUNE/SWAB-FOX COS INC <TSFC> 4TH QTR LOSS
| Shr loss 15 cts vs nil
Net loss 4,356,285 vs profit 300,000
Year
Shr loss 12 cts vs profit five cts
Net loss 2,744,826 vs profit 2,490,262
NOTE: 1985 earnings restated for discontinued operations
Per-share results reflect payment of preferred dividends
Company did not release... | Corporate News |
BARRINGER RESOURCES INC <BARR> YEAR END DEC 31
| Shr profit 70 cts vs loss 33 cts
Net profit 2,598,000 vs loss 687,000
Revs 7,438,000 vs 6,467,000
NOTE: 1986 net includes 2,168,000 dlrs or 61 cts a share
for gain on cancellation of long-term debt through a debenture
offer.
| Financial Reports |
CONCORD FABRICS INC <CIS> 2ND QTR OPER NET
| Ended March one
Oper shr 47 cts vs 41 cts
Oper net 840,484 vs 732,000
Revs 36.6 mln vs 31.1 mln
Six mths
Oper shr 77 cts vs 75 cts
Oper net 1,379,453 vs 1,338,346
Revs 68.2 mln vs 58.5 mln
NOTE: Excludes net gain of 27,000 dlrs or 15 cts/shr in
current qtr and six mth... | Financial Reports |
P.C. QUOTE INC <PCQT> YEAR LOSS
| Shr loss 30 cts vs loss 44 cts
Net loss 1,135,805 vs loss 1,461,792
Sales 3,398,893 vs 2,075,260
| Other |
<EXECUTIVE HOUSE INC> YEAR LOSS
| Shr loss 26 cts vs loss six cts
Net loss 535,110 vs loss 129,433
Revs 787,000 vs 622,130
| Financial Reports |
PAINE WEBBER RESIDENTIAL REALTY INC <PWM> DIV
| Qtrly 25 cts vs 16 cts
Pay March 30
Record March 13
NOTE: Prior qtr is for two months operation, October and
November and represents a parital dividend.
| Corporate News |
LORI CORP <LRC> 4TH QTR OPER NET LOSS
| Oper shr loss 14 cts vs loss 49 cts
Oper net loss 22,000 vs loss 441,000
Revs 22.6 mln vs 13.6 mln
Year
Oper shr profit 14 cts vs profit 47 cts
Oper net profit 1,952,000 vs profit 2,794,000
Revs 76.2 mln vs 56.4 mln
NOTE: 1986 4th qtr and year oper net excludes a loss of
54... | Commodities and Trade |
HONDURAS SEEKING VESSELS FOR BULK WHEAT SHIPMENT
| Honduras will tender April 2 for
U.S. and non-U.S. flag vessels to import 19,369 tonnes of wheat
in bulk, an agent for the country said.
The agent said Honduras is seeking vessels to deliver
7,369 tonnes during a period that includes laydays of April
15-30, and 12,000 tonnes with laydays of May 15-30.
... | Financial Reports |
OTF EQUITIES INC <OTFE> 4TH QTR NET
| Shr profit 28 cts vs loss 32 cts
Net profit 1,190,000 vs loss 686,000
Revs 40.8 mln vs 2.2 mln
Year
Shr profit 20 cts vs loss 49 cts
Net profit 2,021,000 vs loss 1,162,000
Revs 103 mln vs 9.5 mln
Avg shrs 4,206,371 vs 2,124,967
| Corporate News |
DOME PETROLEUM LTD YEAR OPER SHR LOSS 6.94 DLRS VS LOSS TWO CTS
|
DOME PETROLEUM LTD YEAR OPER SHR LOSS 6.94 DLRS VS LOSS TWO CTS
| Commodities and Trade |
API SAYS DISTILLATE STOCKS OFF 2.52 MLN BBLS, GASOLINE OFF 260,000, CRUDE OFF 4.23 MLN
|
API SAYS DISTILLATE STOCKS OFF 2.52 MLN BBLS, GASOLINE OFF 260,000, CRUDE OFF 4.23 MLN
| Financial Reports |
OMNICOM GROUP <OMCM> SETS REGULAR PAYOUT
| Qtlry div 24.5 cts vs 24.5 cts
Pay April 6
Record March 16
| Corporate News |
SALEM CORP <SBS> 4TH QTR LOSS
| Shr loss 1.82 dlrs vs loss 16 cts
Net loss 2,285,000 vs loss 264,000
Revs 23.0 mln vs 14.6 mln
Year
Shr loss 1.59 dlrs vs profit seven cts
Net loss 2,467,000 vs profit 112,000
Revs 77.3 mln vs 75.8 mln
NOTE: Includes loss of 1.1 mln dlrs or 70 cts/shr from
asset writedowns ... | Corporate News |
CONSUMERS POWER SEES ONE-TIME 1ST QTR LOSS OF SEVEN CTS/SHR FROM SUIT
|
CONSUMERS POWER SEES ONE-TIME 1ST QTR LOSS OF SEVEN CTS/SHR FROM SUIT
| Financial Reports |
DOME PETROLEUM TAKES 1986 WRITEDOWNS TOTALLING 2.08 BILLION DLRS
|
DOME PETROLEUM TAKES 1986 WRITEDOWNS TOTALLING 2.08 BILLION DLRS
| Financial Reports |
DOME PETROLEUM LTD <DMP> YEAR LOSS
| Shr loss 6.94 dlrs vs loss two cts
Net loss 2.20 billion vs profit 7.0 mln
Revs 1.55 billion vs 2.44 billion
Note: 1986 shr and net include writedowns totalling 2.08
billion dlrs before a reduction in deferred income taxes of 571
mln dlrs. Net also includes 214 mln dlrs in accumulated foreign
... | Financial Reports |
U.S. STEELMAKERS, UNION SEEK RENEWED IMPORT CURB
| The U.S. specialty steel industry
and its union said they will seek a three-year extension of
President Reagan's import restraint program to give the
industry more time to restore competitiveness.
They said they will tell the U.S. International Trade
Commission (ITC) Thursday that "termination will have... | Financial Reports |
HOLDER COMMUNICATIONS <HOLD> TO BUY FIVE FIRMS
| Holder Communications Corp said it
agreed to buy five privately held companies with combined 1987
revenues expected to be about 25 mln dlrs.
Holder plans to issue 32 mln common shares to buy the
Nashville-based companies, all of which are owned by Jack
Norman and Joe Shaw, their families and employees.
... | Financial Reports |
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